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Singapore
This is the third project that First Derivatives has completed for SGX.

First Derivatives Delivers Reporting Platform to SGX

New system based on Delta Stream CEP technology.

First Derivatives has announced the successful completion and delivery of a new real-time derivatives reporting system to Singapore Exchange (SGX), named Project MARS.

Based on its Delta Stream complex events processing (CEP) technology, Project MARS captures all trade and messaging data in SGX's systems, providing real-time and historical reports. This is the third bespoke project that First Derivatives has completed for the exchange, having previously supplied monitoring systems for market makers and equities trading in real-time.

"There's a strong focus globally on managing risk within exchange environments," says John Miller, director, Asia at First Derivatives. "The speeds at which market participants are moving mean exchanges need to adapt quickly to be able to keep up. It's great to see SGX leading the way in this within our region, and we are very pleased to have been able to deliver the solution they needed to do that."

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